lol I really look forward to these market updates
always a good trading opp
bad debts going to be something to look out for when the credit crunch really bites.
Maybe this new RBA governer will start reducing rates immediately (maybe)Australia's Zip credit performance in domestic market weakens further
Thursday, 20th July 2023, 10:02:35 amJuly 20 (Reuters) - Australia's Zip Co Ltd (ZIP) said on Thursday it faced a jump in bad debts at home grounds, its biggest market by revenue, during the March-June quarter as consumer credit was affected by "increasing softness" in the external environment.
The country's biggest standalone buy-now-pay-later (BNPL) provider said Australia's June-quarter net bad debts, which are written off as a percentage of total transaction value, came in at 3.1% - its highest value since the first quarter of 2022.
Ann: Q4 FY23 Results Update - Zip Continues to Deliver, page-44
Add ZIP (ASX) to my watchlist
 (20min delay)
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Last
$3.25 |
Change
0.140(4.50%) |
Mkt cap ! $4.243B | |||
| Open | High | Low | Value | Volume |
| $3.14 | $3.27 | $3.09 | $45.60M | 14.21M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8794 | $3.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.25 | 36106 | 6 |
View Market Depth
| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| ZIP (ASX) Chart |